Net incurrence of liabilities, total (% of GDP) in Burkina Faso
Burkina Faso: Net incurrence of liabilities, total (% of GDP) was 6.4% in 2024. ▲ Rising
Net incurrence of liabilities, total in Burkina Faso, 2002–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for net incurrence of liabilities, total in Burkina Faso is 6.4%, measured in 2024.
The figure is up 7.4% on the previous year and up 135.1% over ten years.
Over the whole period, net incurrence of liabilities, total in Burkina Faso peaked at 9.6% in 2021 and was at its lowest, 1.0%, in 2015.
Burkina Faso ranks 26th of 136 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 23 years of available data.
Net incurrence of liabilities, total (% of GDP) in Burkina Faso, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2002 | 4.3% | — |
| 2003 | 2.1% | -52.0% |
| 2004 | 4.0% | +95.3% |
| 2005 | 4.5% | +12.8% |
| 2006 | 4.7% | +4.4% |
| 2007 | 8.8% | +86.0% |
| 2008 | 1.9% | -78.8% |
| 2009 | 6.0% | +223.1% |
| 2010 | 4.4% | -27.3% |
| 2011 | 2.1% | -53.1% |
| 2012 | 4.1% | +97.1% |
| 2013 | 2.5% | -37.6% |
| 2014 | 2.7% | +7.8% |
| 2015 | 1.0% | -61.6% |
| 2016 | 4.5% | +329.6% |
| 2017 | 5.8% | +28.5% |
| 2018 | 3.7% | -35.4% |
| 2019 | 2.6% | -30.0% |
| 2020 | 5.2% | +97.0% |
| 2021 | 9.6% | +86.6% |
| 2022 | 9.3% | -3.6% |
| 2023 | 6.0% | -35.6% |
| 2024 | 6.4% | +7.4% |
Burkina Faso compared with similar countries
- Burkina Faso's 6.4% is above the median for low income countries, which is 4.1%, 1.6× the median. (14 countries reporting)
- Burkina Faso's 6.4% is above the median for Sub-Saharan Africa, which is 3.9%, 1.7× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.5% | 1.9% | 8.8% | 8 |
| 2010s | 3.3% | 1.0% | 5.8% | 10 |
| 2020s | 7.3% | 5.2% | 9.6% | 5 |
Countries ranked near Burkina Faso
More public sector data for Burkina Faso
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Frequently asked questions
- What is net incurrence of liabilities, total in Burkina Faso?
- Net incurrence of liabilities, total in Burkina Faso was 6.4% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net incurrence of liabilities, total recorded in Burkina Faso?
- The highest recorded value was 9.6% in 2021.
- What is the lowest net incurrence of liabilities, total recorded in Burkina Faso?
- The lowest recorded value was 1.0% in 2015.
- How does Burkina Faso rank for net incurrence of liabilities, total?
- Burkina Faso ranks 26th out of 136 countries with data for 2024.
- Is net incurrence of liabilities, total rising or falling in Burkina Faso?
- Over the last ten years it is up 135.1%. The long-run trend across the full record is rising.
- Where does this Burkina Faso data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net incurrence of liabilities, total (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. The net incurrence of liabilities should be offset by the net acquisition of financial assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.